Malaysia Individual Income Tax Rates for 2015
Malaysia's individual Income tax rates for 2015 are reduced overall, the top rate bracket threshold is increased, and two brackets are added. The brackets and rates are as follows:
- up to MYR 5,000 - 0%
- over MYR 5,000 up to 20,000 - 1%
- over MYR 20,000 up to 35,000 - 5%
- over MYR 35,000 up to 50,000 - 10%
- over MYR 50,000 up to 70,000 - 16%
- over MYR 70,000 up to 100,000 - 21%
- over MYR 100,000 up t…